With skilled professionals and strong academic and research infrastructure supporting innovation, Kerala’s medtech industry is rapidly growing. Additionally, the Kerala government is providing considerable support to the medical device industry. Withing 5 years, Kerala is expected to become a leading medical devices hub. Kerala is set to become a powerhouse in the medical device manufacturing sector. Kerala is not only catering to India’s domestic needs but also exporting devices and components. As compared to other industries, medical devices is the fastest growing industry in Kerala.
Key players in Kerala’s medtech industry
We have highlighted some companies contributing to the Kerala’s medtech industry growth.
- Dentcare Dental Lab: Dentcare Dental Lab is Asia’s largest dental products company located in Ernakulam.
- Terumo Penpol: Terumo Penpol is India’s largest blood collection bag manufacturer located in Thiruvananthapuram.
- Agappe Diagnostics: Agappe Diagnostics located in Kochi deals with IVD devices.
- CML Biotech: CML Biotech located in Angamali focusses on blood collection tubes.
- Ivelinks: Ivelinks dealing with medical drapes and gowns is located in Kottayam.
- Kooper Medical: Kooper Medical based out of Palakkad deals with plasma systems and camera tech.
- Careon Healthcare: Careon Healthcare dealing with PPE kits and surgical disposables is located in Ernakulam.
- Jayon Implants: Jayon Implants located in Palakkad deals with orthopaedic and spinal implants.
- TTK Healthcare: TTK Healthcare located in Thiruvananthapuram focuses on heart valve production.
Kerala medical device market: An overview
- Kerala is the leading glove manufacturer in India. It produces Rs. 700 crore worth of gloves annually.
- The total turnover from the Kerala medical device sector is Rs. 9,000 crore.
- Kerala has more than 85 registered medical device companies.
- Kerala contributes to 16% of India’s overall medical device manufacturing sector
Government initiatives to support Kerala’s medtech industry
The Kerala government has taken proactive measures to boost its medical device sector.
- The Kerala government has launched a dedicated industry policy to support Kerala’s medtech industry and ancillary industries.
- The government is providing infrastructure and funding to scale innovations and startups
- The government holds strategic meetings with medical device manufacturers to understand their pain points and requirements.
Pharmadocx Consultants: Your trusted regulatory support
With its bright future, now is the right time to tap into the Kerala medical device industry’s potential. Want to venture into Kerala’s medtech industry? Not sure of the applicable regulatory guidelines? Fret not! Our team will be more than happy to help new startups and established medical device manufacturers. We specialize in simplifying the complex process of establishing a medical devices business in India. From navigating the regulatory landscape to obtaining essential CDSCO medical devices manufacturing, import, or test licenses, our team is equipped to guide you in every step of your journey. Additionally, we offer comprehensive documentation services ensuring compliance and ease in your business setup. Drop an email at [email protected] or call/Whatsapp on 9996859227 for a smooth and hassle-free medical device regulatory journey.
